PDL BioPharma is engaged in providing alternative sources of capital through royalty monetizations and debt facilities; acquiring commercial-stage products and launching companies for commercialization of these products; as well as transactions involving late clinical-stage or early commercial-stage therapeutics. Co.'s subsidiary, LENSAR, Inc., is a medical device company focused on delivering femtosecond cataract laser technology used in refractive cataract surgical procedures. Co. also has investment in Evofem Biosciences, Inc., a clinical-stage biopharmaceutical company engaged in developing and commercializing products to address unmet needs in women's sexual and reproductive health. We show 47 historical shares outstanding datapoints in our PDLI shares outstanding history coverage, used to compute PDLI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PDLI market cap history over the course of time is important for investors
interested in comparing PDLI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of PDLI versus a peer is one thing; comparing
PDLI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like PDLI can fluctuate over the course of history.
With this page we aim to empower investors researching PDLI by allowing them to research the PDLI market cap history. |
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Video: The Importance of Market Cap
